Specialist bridge finance provider Funding 365 has this week announced a dramatic reduction in its interest rates for commercial bridging loans. Funding 365 will now offer commercial bridging loans at a market leading interest rate starting at 0.99% per month.

Funding 365 Director, Michael Strange comments,“Funding 365 has built a reputation as being one of the fastest and most flexible bridge loan providers in the market, however, with today’s announcement we can now also be recognized as a low cost loan provider."

Funding 365 Director, Mike Strange comments,“We’re excited to be bringing this new product to the bridging market. Funding 365 is well known for its speed of service and low interest rates. Launching this new Short Lease product also demonstrates Funding 365’s flexibility in financing unusual or complicated property transactions.””

Funding 365 Sales Director, Paul Weitzkorn adds,“Funding 365 has always worked with its broker partners to develop bespoke financing solutions for complex and non-standard scenarios. Now, our commitment to lend on short leases and fund lease extension provides borrowers with flexibility in a world where lease extension timing can be uncertain. We look forward to working with our broker partners on delivering this product to their clients.”